42
See all 42 photos
$1,750,000
Est. payment /mo
41,893 SqFt
New
123 EAST STREET Central Huron (clinton), ON N0M1L0
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 41893
Square Footage 41,893 sqft
Price per Sqft $41
Subdivision Clinton
MLS® Listing ID X13080648
Property Description
22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Hot Water
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by MYSAK REALTY INC.
NEARBY SCHOOL & BUSINESS
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